Mondelez International Inc. approved a stock repurchase authorization of as much as $9 billion amid a setback in its talks to ...

Mondelez International's latest overture to Hershey underscores the challenges posed by sky-high cocoa prices and ...

Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% ...

The main controlling owner of Hershey Co. has reportedly turned down Mondelez International Inc.’s preliminary takeover offer ...

The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...

The main owner of chocolate maker Hershey has rejected a preliminary takeover offer from Mondelez International Inc., people ...

What Else: Today, Mondelez announced a $9 billion share repurchase program. The share repurchase authorization will begin Jan ...

Mondelez said it was “focused on bolt-on assets” as a report emerged The Hershey Trust viewed its potential bid as ‘too low’.

A deal between Mondelez and Hershey never looked likely. Now Mondelez has all but confirmed it won’t happen. Hershey shares soared on Monday after Bloomberg reported t ...

Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.

Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey Company about an acquisition.

CPI data matched expectations; Goods inflation rose to its highest level since May 2023. Albertson’s terminates merger with ...